Our Kind of Central Planning

What was wrong with the leftists’ worldview in the 1990s and today? Essentially it is this: they see society as unworkable by itself. They believe it has fundamental flaws and deep-rooted conflicts that keep it in some sort of structural imbalance. All these conflicts and disequilibria cry out for government fixes, for leftists are certain that there is no social problem that a good dose of power can’t solve. The problem is that the right shares that view, only with different applications.

Shostak on the Current Climate

MAN Financial chief economist Dr Frank Shostak has a warning for investors. The Reserve Bank’s monetary policy is “out of control” and that means inflation is heading up, interest rates are set to rise and the share market is only being supported by excessive money supply.

He believes the Reserve Bank uses incorrect definitions of inflation and even money itself. As a result, he says, the bank is actually causing inflation, rather than combating it. “

Bush has NOT cut taxes

There is general agreement that Bush, and the Republican Party in general, is in favor of tax cuts. Let’s consider the validity of this assumption. Do Bush’s policies demonstrate that he’s in favor of reducing taxes? He has engaged in tax shifting and in hiding the burdens of his expansions of the welfare and warfare state, and he has demonstrated that he’s opposed to lowering our tax burdens. Deep into his second term, we have plenty of evidence to show that Bush should be blamed for increasing our tax burdens at a phenomenal pace. Mark Brandly looks at the numbers.
Subscribe to